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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Comment by 5ilverlining808on May 11, 2023 1:14pm
130 Views
Post# 35443558

RE:RE:RE:RE:RE:RE:RE:RE:IIF Presentation

RE:RE:RE:RE:RE:RE:RE:RE:IIF PresentationFrom the Pesentation page 16 :-


"Sangdong’s ore body is larger than the resource show, as some levels were not considered in the resources because having no exploration data. Additionally, there are two additional ore zones (Sangdong East and Sangdong West) with huge potential, that could extend LOM even further."

LOM means "Life Of Mine", and Lewis did say he would be in a box long before the end of mine life for all projects (me too, ouch).

This plant (I believe) has been designed long ago to cope and allow for a double up on through put from 1.2 Mil tpa to 2.4 Mil tpa (tonnes per annum).
It sounds like a large number, but when you break it down to Tonnes per hour on a daily basis it is just 137 tph and might be doubled to 275 Tonnes per hour of raw ore fed into the dump hopper prior to primary crushing.

This does not mean doubling up equipment,.
This initial ore is called ROM or "run of mine".
In my coal days the plants ran from 800 to 2,000 tonnes per "hour" of input ROM.

 An interesting point was some sort of future news for the Los Santos mine yet to be disclosed ???
Very strange, but "in a good way" according to Lewis.



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